All articles by Verdict Staff
Verdict Staff
DeAWM launches Indonesia Sovereign Bond ETF on Singapore Exchange
Deutsche Asset & Wealth Management (DeAWM) has listed an Indonesia Sovereign Bond ETF called, db x-trackers II Markit iBoxx ABF Indonesia Government UCITS ETF (SH8), on the Singapore Exchange (SGX).
Chinese regulator mandates banks to register wealth management products
In a move to tighten its oversight of wealth management industry, China Banking Regulatory Commission (CBRC) has asked the banks to register the wealth management products before selling them to the public.
SEC halts Texas based Forex trading scheme
The Securities and Exchange Commission froze assets of an unregistered money manager and his companies in Plano, Texas, who are charged with defrauding investors in a foreign currency exchange trading scheme.
Alter Domus launches two new services following the ratification of the AIFMD in Luxembourg
Alter Domus, a global service provider of Fund and Corporate Services, dedicated to private equity houses, real estate firms, multinationals and private clients, has launched two initiatives in Luxembourg.
Global AUM set to cross US$70.4 trillion in 2013: Cerulli report
Global assets under management (AUM) are projected to cross US$70.4 trillion by the end of 2013-a full US$20 trillion higher than the industry’s low point in 2008, according to Cerulli Associates’ annual global markets report.
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Chemung Canal to acquire six branch offices in Central New York
Chemung Canal Trust Company, the banking subsidiary of Chemung Financial, has agreed with Bank of America to acquire six branch offices located in Auburn, Cortland, Ithaca and Seneca Falls, New York.
Swiss banks to deliver tax evasion information to US authorities – reports
A group of Swiss banks are planning to deliver information to US authorities investigating tax evasion by Americans, according to The Wall Street Journal.
PineBridge Investments expands global sales team
Asset manager PineBridge Investments has appointed Tucker Glavin as managing director of the US sales, and Paul Osborne as managing director of the UK and European sales.
Sturgeon Capital launches global distribution strategy for UCITS IV frontier and emerging equities fund
Sturgeon Capital has launched its global distribution strategy for the UCITS IV-compliant Sturgeon Central Asia Equities Fund in partnership with ACOLIN Fund Services and Lemanik Asset Management.
Berenberg boosts international private banking unit with three hires in London
Berenberg has hired three new advisors for its private banking operations in London. Alexis Chardigny, Alexis Eman, and Stefano Novarini all join Berenberg from Morgan Stanley.